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December 8, 2023 New Delhi, India Historic SIP Growth Drives Record Investment Milestone November 2023 etched a landmark in the investment sphere, witnessing Systematic Investment Plans (SIPs) reach an unparalleled peak, exceeding the ₹17,000 crore threshold for the first time. This remarkable surge underscores a paradigm shift in investor behavior, highlighting the increasing preference for…
December 7, 2023 New Delhi, India Article: In a groundbreaking development, Prime Minister Narendra Modi takes center stage at the second edition of Infinity Forum 2.0, a sought-after global Financial Technology event. Scheduled for December 9, 2023, this event, organized by the International Financial Services Centres Authority (IFSCA) and GIFT City, promises to be a…
December 6, 2023 New Delhi, India Investor Optimism Drives Nifty 50 to Record Heights The Nifty 50, representing India’s top 50 companies, has hit a record high for the fourth consecutive trading session, hovering in on the significant 21,000 mark. In December, the index has witnessed a remarkable 3.90% gain, reaching a fresh peak of…
December 5, 2023 New Delhi, India Adani Group Shares In a significant market move, Adani Group stocks witnessed a remarkable surge, climbing up to 20%, driven by a report affirming the dismissal of fraud allegations made by Hindenburg Research. The catalyst behind this momentum was the endorsement from the International Development Finance Corp (DFC), a…
December 5, 2023 New Delhi, India Indian Markets Reach Unprecedented Highs on BJP Election Triumphs Investor Confidence Surges as BJP Secures Key State Elections In a resounding display of market optimism, India’s benchmark indices, Sensex and Nifty, marked a historic second consecutive day of record highs. The surge in stock values was propelled by the…
December 5, 2023 New Delhi, India Gold Prices Analysis In a remarkable turn of events, the price of gold has reached an unprecedented high, surpassing $2,100 per ounce. This surge comes as global tensions, particularly the Israel-Hamas conflict, contribute to a growing demand for the precious metal, known for its status as a safe-haven asset….
December 4, 2023 New Delhi, India Foreign Portfolio Investors Foreign Portfolio Investors (FPIs) have rekindled their interest in Indian financial markets, injecting substantial funds into both equities and debt during November. Equity Market Revival: In a surprising turnaround, FPIs pumped Rs 9,000 crore into Indian equities last month, bouncing back from two months of net…
November 10, 2023 New Delhi, India Q2 Earnings Today As the financial world braces for a flurry of second-quarter Q2 earnings reports, a total of 581 companies, ranging from giants like Hindalco and M&M to diverse players such as Biocon and SAIL, are set to unveil their financial performance. Investors are closely watching these updates,…
November 7, 2023 New Delhi, India Stock Market Closes with Varied Sectoral Trends Market Recap and Indices’ Performance November 7th witnessed a stable yet fluctuating day, as both the Sensex and Nifty ended the day almost unchanged. The Sensex closed at 64,942.40 with a marginal 0.025% decline, while the Nifty closed at 19,406.70, marking a…
November 7, 2023 New Delhi, India Market Challenges Prompt Review Tata Group, a significant conglomerate, is contemplating the sale of its subsidiary, Voltas Ltd.’s home appliance division. This consideration arises from encountering obstacles in expanding its market share within a highly competitive industry. Initial Discussions and Consideration Reports indicate that Tata Group‘s management is engaged…
